A committee led by Finance Secretary TV Somanathan will suggest ways to enforce the uniform Know Your Customer (KYC) mechanism. The committee will have members from various ministries, besides ...

A panel appointed by the Reserve Bank of India (RBI) has proposed that banks should not stop operations in an account where required documents have not been submitted on time by the account holder for ...

A government expert committee, headed by Finance Secretary TV Somanathan, to formulate uniform Know Your Customer (KYC) rules has been in existence for a while, a senior ministry official said. "Yes, ...

A regulatory hearing panel has fined and suspended a former rep for know-your-client (KYC) violations that enabled a risky trading strategy that saw clients lose over $1 million when the market ...

A regulatory hearing panel ruled that it was necessary to ban a former mutual fund rep who admitted to improperly advising several clients to adopt a risky strategy of loading up on precious metals ...

The Securities and Exchange Board of India (SEBI) has decided to implement most of the recommendations by H R Khan Committee in the Know Your Client (KYC) and beneficial ownership norms of foreign ...